Obtain The Coca-Cola Company's 2010 annual report either using the ''Investor Relations'' portion of its website (do
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1. What were the cash and cash equivalents at the end of 2010? What does the company classify as cash equivalents?
2. What were the trade accounts receivable (net) at the end of 2010? At the end of 2009?
3. Assuming that all net operating revenues were net credit sales and that the trade accounts receivable (net) at the end of 2008 were $3,090 million, compute the receivables turnover for 2010 and 2009. What is your evaluation of the difference?
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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1 The cash and cash equivalents were 8517 million at the end of 2010 Time deposits and ...View the full answer
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Related Book For 
Intermediate Accounting Reporting and Analysis
ISBN: 978-1111822361
1st edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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